CAPITAL RISK

The Capital Risk team within the Risk Division provides an independent view into the capital decisions across the firm. The team advises on regulatory capital interpretations and firmwide capital management decisions. Coverage also includes monitoring, analyzing, interpreting, and challenging the firm’s regulatory capital requirements and capital management processes. This involves working very closely with stakeholders across the firm, including trading desks, Controllers, Legal, Corporate Treasury and Technology, and will require a strong control mindset. Other responsibilities include oversight of the firm’s capital strategy and the firm’s proximity to capital requirements.

RESPONSIBILITIES

Understanding capital regulations and determining appropriate capital interpretationsMonitoring, summarizing and challenging the impact of and risk appetite associated with the implementation of the regulatory capital rulesCommunicating thoughtful analysis on sophisticated regulatory capital matters to senior managers, businesses, risk departments and other impacted areasAssessing the impact of capital regulation on individual transactions, new products and business proposalsValidation of regulatory capital requirement approaches and calculationsUnderstanding and challenging the firm’s overall capital management strategy  

SKILLS AND EXPERIENCE REQUIRED

Minimum of 5 years of relevant Regulatory Policy/Capital Interpretation experienceExperience in the interpretation of regulatory rules (e.g. 12 CFR 217, CRR, draft PRA rulebook)Previous managerial or supervisory experienceStrong attention to detail, intellectual curiosity and commitment to excellenceStrong organizational skills - ability to manage a constantly evolving inflow of projects and prioritiesEffective communicator - both orally and in writingTeam player - ability to maintain mutual support within a high-profile team.Self-motivated, proactive and willing to take on additional responsibilities, ability to run with issues, and get involved as necessary.Ability to conduct research, analyze technical regulatory papers and identify relevant issuesUnderstanding of banking organizations, financial products; ability to analyze new trades and businesses with particular focus on regulatory capital implications ABOUT GOLDMAN SACHS At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.  We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.  We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html © The Goldman Sachs Group, Inc., 2023. All rights reserved. Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity